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Question 20 2 pts Which of the following statements, if any, is/are true? L. The payee of a note would record a notes receivable on

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Question 20 2 pts Which of the following statements, if any, is/are true? L. The payee of a note would record a notes receivable on its books. IL. If the stated rate of a note is greater than the market rate of a note, the note would be issued at a discount. Only Only II Neither inor II Both I and Question 21 2 pts S On May 1, 2019. the Cincinnati Company, which has a December 31 year end and makes annual adjusting journal entries accepted e dintre vars Interestis navale annually on Anish besinning And Th MacBook Pro

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